Emotorad - Head - Finance - CA

Company Description:

We see ourselves as a bunch of crazy maniacs who refuse to understand "It Can Not Happen". People know us for building the most awesome e-bikes (electric bicycles) but, how we see it is "We believe we are changing the world, one e-bike at a time, and playing a part in bringing India to the Global map for EVs." The company aims to bring across top-quality eBikes which would currently cost way more in the Indian market at an affordable price utilizing its local sourcing and manufacturing capabilities. Let's talk numbers We are currently the market leader in India across the e-bike category and are just on the verge of announcing our series C. Having grown from a team of 5 to 150+ across the globe, from a small garage to offices across 15 countries and clocking in INR 300+ Cr revenue in first three years of operations. We have raised series B from global investors. We think this is a great start to our exciting journey.

Job Description:

The Head of Finance will play a critical role in developing and implementing the financial strategy and getting the organization ready for the next 3 - 5 years of growth of EMotorad. As a member of the senior leadership team, s/he will be an advisor to the CEO and other Functional Heads, evaluating and assisting them with their financial plans and economic modeling. S/he will lead the capital allocation strategy and will ensure that the long-term plans are married quite well with the short-term goals of the business.

- S/he will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with the CEO.

- S/he will be the main convener of the Audit Committee, and Statutory Committee of the Board.

- Under his/her leadership the entire treasury, accounting, and day to day cash management will report to him/her.

- External statutory audit function will be the responsibility.

Responsibilities:

Treasury Management:

- Fund Raising: Spearheading the fundraising efforts, good relationship with global/domestic Private Equity funds/Banks/NBFCs.

- Leading the fundraising initiative of the Company to ensure clear visibility of funds/credit limit for ensuring the AUM growth and Cash Flows.

- Representing the company to Institutional Investors, PE firms, Mutual Funds, Banks, FI, FIIs, Rating Agencies, Debenture Trustees, Registrars, and Brokers/intermediaries to ensure that adequate credit limits are available which has in turn led to the development of extensive relationships.

- Support the development of executive-level analysis, briefings, & reports for and to senior leadership

- Getting the organization IPO ready in upcoming years.

Strategy:

- Assess organizational performance against both the annual budget and long-term business strategy. Develop tools and systems to provide critical financial and operational information and make actionable recommendations on both strategy and execution plans.

- Strategic planning, budgeting, and reporting - ensure preparation of strategic plans, budgets and forecasts, ensure financial liabilities of business transactions, and ensure robust management information systems are in place.

- Engage the audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery.

Financial Management and control:

- Managing all finance and accounting operations

- Coordinating and directing the preparation of the budget and financial forecasts and report variances

- Preparing and publishing timely monthly financial statements

- Ensure quality control over financial transactions and financial reporting.

- Manage and comply with government reporting requirements and tax filings.

- Develop and document business processes and accounting policies to maintain and strengthen internal controls.

Role Requirements:

- CA preferred with 10-12 years related experience

- Open to travel frequently for Fundraising and other financial business strategy initiatives.

- Demonstrated ability / track record of managing relationships with banks and resource mobilization.